Home > UPDATE 1-INSIGHT-GM's Volt: The ugly math of low sales, high costs

UPDATE 1-INSIGHT-GM's Volt: The ugly math of low sales, high costs

Newswire

* GM losing as much as $49,000 per Volt sold
* Cheap leases likely only exacerbate the losses
* GM still years away from break even on the car
* New plug-in competitors soon from Ford, Honda
* GM says Reuters estimate of costs "grossly wrong"
By Bernie Woodall and Paul Lienert and Ben Klayman
Sept 10 (Reuters) - General Motors Co sold a record
number of Chevrolet Volt sedans in August - but that ...

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